The federal government has set the timeline for the handing over of the Power Holding Company of Nigeria (PHCN) successor companies for July ending.
Already the preferred bidders of the entities which includes 11 distribution companies (Discos) and six generation companies (Gencos), have all paid the 25 per cent bid price and would be required to make the balance 75 per cent payment before taking over the entities.
Speaking at a media briefing in Abuja yesterday, Minister of State for Power, Zainab Kuchi, assured that the handing over to the successor companies will definitely be by the end of July which she said was the projection of both the ...
0 comments:
Post a Comment